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Indian Economy Overview

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Monthly Economic Report: November 2013

December, 2013

The overall growth of Gross Domestic Product (GDP) is placed at 4.4 per cent and 4.8 per cent respectively in the first and second quarters of 2013-14. Growth in the first half of 2013-14 is, thus, 4.6 per cent.

During April-October 2013, eight core infrastructure industries registered a growth of 2.6 per cent.

Broad money (M3) for 2013-14 (up to November 29, 2013) increased by 9.1 per cent as compared to 8.5 per cent during the corresponding period of the last year. The year-on-year (y-o-y) growth as on November 29, 2013 was 14.5 per cent as compared to 12.6 per cent in the previous year.

Foreign Currency Assets stood at US$ 264.7 billion at end-November 2013 as compared to US$ 260.8 billion at end-November 2012.

Gross tax revenue during April-October 2013 stood at Rs 532,221 crore (US$ 85.75 billion), recording a growth of 9.3 per cent over April-October 2012.

Monthly Economic Report was released by the Ministry of Finance:

Monthly Economic Report: November 2013